Company Valuation: Orica Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,620 6,022 7,101 9,034 9,884 10,638 - -
Change - 7.15% 17.93% 27.22% 9.41% 7.63% - -
Enterprise Value (EV) 1 7,359 7,173 8,321 10,974 12,142 13,068 12,794 12,524
Change - -2.52% 16% 31.88% 10.64% 7.62% -2.09% -2.11%
P/E -32.3x 91.2x 24.2x 21.7x 63.7x 26.6x 16.5x 15x
PBR 2.06x 1.62x 1.78x 2.03x 2.37x 2.82x 2.65x 2.52x
PEG - -1x 0x 0.7x -1x 0x 0.3x 1.5x
Capitalization / Revenue 0.99x 0.82x 0.89x 1.18x 1.21x 1.31x 1.26x 1.23x
EV / Revenue 1.3x 0.98x 1.05x 1.43x 1.49x 1.61x 1.52x 1.45x
EV / EBITDA 9.24x 7.44x 7.63x 8.87x 8.14x 8.38x 7.7x 7.18x
EV / EBIT 17.3x 12.4x 11.9x 13.6x 12.2x 12.5x 11.2x 10.3x
EV / FCF 23.5x 166x 18.1x 31.3x 22.7x 43.1x 17x 13.9x
FCF Yield 4.26% 0.6% 5.52% 3.2% 4.4% 2.32% 5.87% 7.21%
Dividend per Share 2 0.24 0.35 0.43 0.47 0.57 0.628 0.7243 0.8006
Rate of return 1.74% 2.65% 2.76% 2.53% 2.7% 2.74% 3.16% 3.49%
EPS 2 -0.427 0.145 0.645 0.854 0.332 0.8616 1.388 1.531
Distribution rate -56.2% 241% 66.7% 55% 172% 72.9% 52.2% 52.3%
Net sales 1 5,682 7,328 7,945 7,663 8,144 8,124 8,416 8,653
EBITDA 1 796.4 964.3 1,091 1,238 1,491 1,559 1,662 1,745
EBIT 1 426.6 578.5 698.1 805.6 992.2 1,045 1,137 1,211
Net income 1 -173.8 60.1 295.7 524.6 162.3 269.8 645.5 705.8
Net Debt 1 1,739 1,152 1,220 1,940 2,258 2,429 2,156 1,886
Reference price 2 13.79 13.22 15.59 18.55 21.14 22.95 22.95 22.95
Nbr of stocks (in thousands) 4,07,513 4,55,494 4,55,492 4,87,010 4,67,564 4,63,543 - -
Announcement Date 10/11/21 08/11/22 08/11/23 13/11/24 12/11/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.64x1.61x8.38x2.74% 742.85Cr
24.95x2.24x10.16x2.56% 445.56Cr
20.34x1.12x8x1.09% 70Cr
Average 23.98x 1.66x 8.85x 2.13% 419.33Cr
Weighted average by Cap. 25.69x 1.81x 8.99x 2.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Orica Limited